Credit rating
Company information
46Wholesale trade, except of motor vehicles and motorcycles
About TG-Hygiene Systems ApS
TG-Hygiene Systems ApS (CVR number: 40979727) is a company from KØGE. The company recorded a gross profit of -448.9 kDKK in 2023. The operating profit was -803.2 kDKK, while net earnings were -1092.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.1 %, which can be considered poor and Return on Equity (ROE) was -60.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -70 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TG-Hygiene Systems ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | - 477.00 | - 665.00 | - 641.00 | - 448.89 |
| EBIT | - 855.00 | -1 077.00 | -1 026.00 | - 803.18 |
| Net earnings | - 944.00 | -1 014.00 | -1 874.00 | -1 092.63 |
| Shareholders equity total | - 904.00 | -1 918.00 | -3 792.00 | -4 885.10 |
| Balance sheet total (assets) | 2 714.00 | 6 160.00 | 1 537.00 | 2 090.78 |
| Net debt | 2 846.00 | 5 663.00 | 3 891.00 | 4 787.53 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -23.6 % | -18.4 % | -15.3 % | -13.1 % |
| ROE | -34.8 % | -22.9 % | -48.7 % | -60.2 % |
| ROI | -29.8 % | -25.2 % | -21.5 % | -18.5 % |
| Economic value added (EVA) | - 667.59 | - 896.80 | -1 427.52 | - 766.55 |
| Solvency | ||||
| Equity ratio | -25.0 % | -23.7 % | -71.2 % | -70.0 % |
| Gearing | -316.9 % | -295.6 % | -102.6 % | -98.2 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 0.4 | 0.1 | 0.1 | 0.3 |
| Current ratio | 0.4 | 0.7 | 0.1 | 0.3 |
| Cash and cash equivalents | 19.00 | 6.00 | 9.34 | |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | B | B | B | B |
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